3. Project Performance Domains Part 3

What are performance domains in project management?

• Areas of focus that work together to achieve project outcomes

• Individual tasks that need to be completed in a project

• Different stages of a project

• Specific skills required for project management

What does the Project Work Performance Domain deal with?

• Developing project schedules

• Establishing project processes, managing physical resources, and fostering a learning environment

• Monitoring project risks

• Managing project finances

It involves in hiring and managing vendors, including bids and contracts

• Procurements

• Marketing

• Human Resources

• Finance

What is the purpose of bid documents in project management?

• To track project expenses

• To evaluate project risks

• To communicate project requirements to stakeholders

• To solicit information, quotations, or proposals from prospective sellers

What is the main objective of a bidder conference?

• To establish a common understanding of the procurement

• To discuss contract terms

• To negotiate prices

• To finalize the contract

What is Explicit Knowledge in Project Management

• Knowledge codified using words, numbers or pictures

• Knowledge that is difficult to express and share

• Knowledge gained through experience

• Knowledge that is not easily communicated

What is tacit knowledge in project management?

• Knowledge that is specific to a particular project

• Knowledge that is documented in project reports

• Knowledge that is difficult to articulate and share

• Knowledge that can be easily shared and articulated

What is the purpose of knowledge management in project work performance domain?

• To improve project communication

• To manage project risks

• To enhance project quality

• To facilitate learning and knowledge sharing

What is the Project Delivery Performance Domain focused on?

• Delivering the scope and quality of the project

• Managing project stakeholders

• Developing project schedules

• Monitoring project risks

How deliverables can deliver value to stakeholders? (Select all that apply)

• Requirements gathering

• Evolving and discovering requirements

• Managing requirements

• Define and decompose the scope

• Completion of deliverables